Book contents
- The Economics of Biodiversity
- The Economics of Biodiversity
- Copyright page
- Contents
- List of Boxes
- Foreword
- Preface to the CUP Edition
- Preface
- Part I Foundations
- Chapter 0 How We Got to Where We Are
- Chapter 1 Nature as an Asset
- Chapter 2 Biodiversity and Ecosystem Services
- Chapter 3 Biospheric Disruptions
- Chapter 4 Human Impact on the Biosphere
- Chapter 4* The Bounded Global Economy
- Chapter 5 Risk and Uncertainty
- Chapter 6 Laws and Norms as Social Institutions
- Chapter 7 Human Institutions and Ecological Systems, 1: Unidirectional Externalities and Regulatory Policies
- Chapter 8 Human Institutions and Ecological Systems, 2:
- Chapter 8* Management of CPRs:
- Chapter 9 Human Institutions and Ecological Systems, 3:
- Chapter 10 Well-Being Across the Generations
- Chapter 11 The Content of Well-Being: Empirics
- Chapter 12 Valuing Biodiversity
- Chapter 13 Sustainability Assessment and Policy Analysis
- Chapter 13* Accounting Prices and Inclusive Wealth
- Part II Extensions
- Part III The Road Ahead
- Appendix
- Acronyms
- Glossary
- References
- Acknowledgements
- Author Index
- Subject Index
Chapter 2 - Biodiversity and Ecosystem Services
from Part I - Foundations
Published online by Cambridge University Press: 10 March 2025
- The Economics of Biodiversity
- The Economics of Biodiversity
- Copyright page
- Contents
- List of Boxes
- Foreword
- Preface to the CUP Edition
- Preface
- Part I Foundations
- Chapter 0 How We Got to Where We Are
- Chapter 1 Nature as an Asset
- Chapter 2 Biodiversity and Ecosystem Services
- Chapter 3 Biospheric Disruptions
- Chapter 4 Human Impact on the Biosphere
- Chapter 4* The Bounded Global Economy
- Chapter 5 Risk and Uncertainty
- Chapter 6 Laws and Norms as Social Institutions
- Chapter 7 Human Institutions and Ecological Systems, 1: Unidirectional Externalities and Regulatory Policies
- Chapter 8 Human Institutions and Ecological Systems, 2:
- Chapter 8* Management of CPRs:
- Chapter 9 Human Institutions and Ecological Systems, 3:
- Chapter 10 Well-Being Across the Generations
- Chapter 11 The Content of Well-Being: Empirics
- Chapter 12 Valuing Biodiversity
- Chapter 13 Sustainability Assessment and Policy Analysis
- Chapter 13* Accounting Prices and Inclusive Wealth
- Part II Extensions
- Part III The Road Ahead
- Appendix
- Acronyms
- Glossary
- References
- Acknowledgements
- Author Index
- Subject Index
Summary
The biosphere, which is the part of Earth that is occupied by living organisms, is a self-organising, regenerative entity. Its rhythms, for example the seasons, shape the regeneration patterns of the living world. But living systems in turn make use of the non-living, or abiotic, constituents of the biosphere and transform them. Water, carbon and nitrogen cycles are expressions of that. Because the ability to regenerate is a characteristic of living systems, the biosphere’s regeneration is key to the sustainability of the human enterprise. Regenerations of the living world at various scales and periodicity are synchronised via natural processes that are still not understood well.55
Biological diversity, or biodiversity for short, means the diversity of life. Its decline disrupts biospheric processes, for example, the processes governing the climate system. The sustainability of our engagement with Nature is thus ultimately about the functioning of the biosphere, not just the living part of it.
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- The Economics of BiodiversityThe Dasgupta Review, pp. 33 - 66Publisher: Cambridge University PressPrint publication year: 2024